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Feed/RSP2023/2600(RSP)Environment & Climate

Advancing the 2022 Bridgetown Agenda

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 41mo ago
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This procedure focuses on implementing the Bridgetown Initiative, a proposal to reform the global financial system to better support climate-vulnerable nations. It aims to improve access to funding for climate resilience and disaster recovery, ensuring that developing countries can manage the economic shocks caused by environmental crises.

This affects developing nations and international financial institutions. It seeks to change how loans and grants are allocated to help these countries build infrastructure and recover from natural disasters.